You Are Given the Following Information About the Canadian Economy

question 88

Multiple Choice

You are given the following information about the Canadian economy. Autonomous consumption expenditure is $50 billion, investment is $200 billion, and government expenditure is $250 billion. The marginal propensity to consume is 0.7 and net taxes are $250 billion. Net taxes are assumed to be constant and not vary with income. Exports are $500 billion and imports are $450 billion. The consumption function in billions of dollars is

• A)C = 50 + 0.7Y.
• B)C = 0.7(Y - 250).
• C)C = 50 + 0.7(Y - 250).
• D)C = 50 + 0.7(YD - 250).
• E)C = 50 + 0.7Y - 250.

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Definitions:

Relational Aggression

A type of aggression that involves harming others through damaging or manipulating relationships or social status.

Aggressive Methods

Aggressive methods refer to strategies or tactics that are forceful, confrontational, or intended to dominate or control.

Heroes

Individuals admired for their courage, outstanding achievements, or noble qualities, often inspiring others.

Villains

Characters in stories or real life who embody evil, wrongdoing, or moral ambiguity, often in opposition to heroes.